Explanation of The Three Types of Economies In The World
The ultimate economic goal of the New World Order is Fascism. There are three types of economies in the world: Capitalism, Communism, and Fascism.
* Capitalism is that type of economy in which private individuals own the Means of Production, i.e., the factories and the mines. The companies founded by these private individuals then compete openly with one another in the Marketplace. No one tells the owners what to produce, or how much to produce, or how much to charge. Competition is the primary determinant of prices, and careful attention to the needs and wants of the people within this type of economy determines how much is produced. Capitalism may have its faults, but it has produced the highest standard of living in history for her citizens.
* Communism - Socialism is that type of economy in which the State owns the Means of Production. Companies are told what to produce, when to produce it, and how much they can charge. This type of control is supposedly enacted in the interests of the "people", to ensure that they are treated "fairly". However, history has shown that Communism never works; rather, it delivers the most wretched conditions on earth for its citizens.
The reason Communism does NOT work is that government bureaucrats can never properly make the tens of thousands of purchasing decisions which occur every day in a complex economy. This dramatic inefficiency dooms the entire economy! The Fascist economy sidesteps this fatal flaw by allowing private company buyers to make this type of decision.
* Fascism was the economic system of Nazi Germany, National Socialist Italy, and Imperial Japan. Today, only Japan retains this system. In Fascism, private individuals retain control over the Means of Production, thereby ensuring that the key element which makes Capitalism work so well is kept in place. However, the Government intervenes to control how many competitors can be making the same item, and how much they can charge. Therefore, the potential for the most profit lies within the Fascist economy! The experiment with Nazi Germany and Imperial Japan proved that Fascism does work. We have seen that the proper coordination between Government and Capitalism does work.
For further explanation, read NEWS1856.